TerraUSD

  • Montenegro charges cryptocurrency fugitive Do Kwon with forgery

    It is reported that Do Kwon, founder of Terraform Labs, is charged with forgery in Montenegro and will appear in court for extradition proceedings later Friday. After the collapse

    03/24/2023
    129
  • US Department of Justice Investigates Jump Trading and Jane Street over TerraUSD Rescue Plans

    According to reports, the US Department of Justice has investigated two trading companies, Jump Trading and Jane Street, regarding plans to rescue Terra’s algorithmic stable currency, TerraUSD (USD). Prosecutors are currently investigating group conversations on Telegram from participants from Jane Street and Jump Trading. According to reports, these conversations are about potential aid to TerraUSD. The US Department of Justice investigated the chat records between Jump Trading and Jane Street regarding the rescue of TerraUSD Analysis based on this information:Recent reports suggest that the US Department of Justice (DOJ) has initiated an investigation against two leading trading companies, Jump Trading and Jane Street. The probe is related to the rescue plans of TerraUSD (USD), an algorithmic stable currency. According to the sources, the DOJ is scrutinizing the Telegram group conversations between members of Jump Trading and Jane Street. The DOJ’s investigation focuses on the possibility of Jump Trading and Jane Street providing aid to the struggling TerraUSD. The algorithmic stable…

    03/15/2023
    130
  • SEC Charges Terraform Labs and CEO of Deceptive Trade Practices

    It is reported that according to two insiders, Jump Trading is a trading company charged by the United States Securities and Exchange Commission (SEC) with pro…

    02/18/2023
    113
  • SEC Sues Terraform Labs and Co-founder for Fraud and Misleading Investors

    It is reported that the United States Securities and Exchange Commission (SEC) sued Terraform Labs and its co-founder Do Kwon, the company behind the failed Te…

    02/17/2023
    117